Q4 Results Highlights: The Q4 earnings season picked up steam on April 24, with 14 major firms — including HUL, Tech Mahindra, Axis Bank, and Nestle India — posting their results. HUL saw modest volume growth, Axis Bank beat estimates, and Tech Mahindra announced a ₹30 dividend despite a revenue miss.
Q4 Results Highlights: The fourth quarter earnings season gathered pace on Thursday, April 24, with 14 major companies — including Tech Mahindra, Hindustan Unilever, ACC, Axis Bank, L&T Technology Services, Mphasis, Adani Energy Solutions, Nestle India, Persistent Systems, SBI Card, Cyient, Laurus Labs, Macrotech Developers, and SBI Life Insurance — announcing their results for the January-March period.
Hindustan Unilever posted 2% volume growth and reaffirmed its focus on driving competitive, volume-led growth. Persistent Systems said it is making “sustained progress” towards its FY27 revenue target of $2 billion.
Axis Bank beat Street expectations with a net profit of ₹7,117.5 crore, while Tech Mahindra recommended a final dividend of ₹30 per share. IT giant’s constant currency revenue growth fell short of estimates.